Examlex
The African Ubuntu management style emphasizes collectivist principles, consensus decision-making, and products that are useful to society.
Temporary Assistance
Financial aid provided on a short-term basis to individuals or families in need, often aimed at supporting basic needs like food, shelter, and healthcare.
Insurance Payment
A payment made to an insurance company which provides compensation for loss, damage, illness, or death in return for payment of a specified premium.
Circular-Flow Model
A diagram that visualizes the economy as consisting of households and firms interacting in the goods and services markets, and labor markets, showing how money flows through the economy.
Resource Market
A market in which households sell and firms buy resources or the services of resources.
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